FAW VW sales increased 5% to 1,910,200 vehicles last year, including some imported Audi models, making it the largest automaker in China jointly owned by a foreign automaker.
Volkswagen Group China: Anhui Jianghuai Automobile (JAC Motors), Volkswagen s partner in its third China JV, said the two sides will boost the JV s registered capital to 13.9 billion yuan (USD 1.94 billion) from 7.4 billion yuan.
China s Anhui Jianghuai Automobile said on Tuesday it and Volkswagen China will boost their joint venture s registered capital to 13.9 billion yuan from 7.4 billion yuan..